"Recommendation from the Board of Directors of Morse Holding Company to begin preparing the requirements for the company's initial public offering (IPO). "
Date 2024/07/18

"Recommendation from the Board of Directors of Morse Holding Company to begin preparing the requirements for the company's initial public offering (IPO). "

The Board of Directors of Morse Holding Company has decided to begin the procedures to complete the requirements for the company's initial public offering (IPO) on the Saudi stock market (the Parallel Market).  

The Board expects that the necessary regulatory procedures and requirements will be completed by the end of next year.

It is worth noting that all procedures are subject to the approval of the Capital Market Authority (Tadawul).

All material developments related to this will be disclosed